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IRS Releases FAQ on Expiring Clean Vehicle Credits: What Dealerships Need to Know Before September 30
The IRS has issued new guidance on the clean vehicle tax credits that are scheduled to end on September 30, 2025. These credits—covering used clean

One Big Beautiful Bill Updates for Research Expenditures: IRS Issues Guidance on Implementing Section 174A
The IRS has issued Revenue Procedure 2025-28, giving taxpayers clear guidance on making elections, changing accounting methods, and applying transition rules under the new Section

Navigating Your CPA License: A Step-by-Step Guide
If you’re considering a career in accounting, becoming a Certified Public Accountant (CPA) is one of the most important steps you can take. Earning your

How Involved Should You Be in Exit Planning?
A big hurdle that business owners struggle to get over when creating an Exit Plan is, “I don’t have enough time to do all that.”

One Big Beautiful Bill: Essential Tax Changes for Auto Dealerships
Auto dealers are facing a significant tax‑policy makeover following enactment of the One Big Beautiful Bill (OBBB) on July 4, 2025. While core provisions of the Tax

Dealership Valuations – Optimizing Your Results
Many dealers we talk to might have a general idea of what it would take to get them to sell their store, or what they

The CARES Act for Nonprofits
This past couple of weeks, we’ve shared a lot of information about the three recently passed pieces of legislation that are the direct result of

CARES Act Establishes Paycheck Protection Program
On Friday, March 27, 2020, President Trump signed the $2.2 trillion spending bill, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), into law,

The SBA’s EIDL Program: Additional Business Assistance for COVID-19
The enactment of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) commences Phase III of the economic stimulus plan created to swiftly provide

Impact of Federal Government Coronavirus Response on Businesses
We’ve been very busy working with clients over the past several weeks helping them navigate and prioritize the various pieces of new legislation passed to

CARES Act Enacted: What’s Next?
In the midst of the COVID-19 crisis, many Americans are already experiencing economic hardship on account of the pandemic. Some are out of work or